Month: September 2020
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Sep- 2020 -28 SeptemberEconomy
ยฃ3bn tariff ahead for UK retailers and consumers, warns BRC
Supermarkets and their customers could face ยฃ3bn a year of tariffs on food and drink if a free trade deal…
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28 SeptemberCoronavirus
John Lewis launches new virtual Christmas shop for consumers
Earlier this month John Lewis announced a ยฃ635m pre-tax loss for the half-year period ended July 2020. The department store…
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28 SeptemberSupermarkets
Aldi to create 4,000 jobs as sales surge
Aldi has pledged to invest ยฃ1.3bn over the next two year with new stores, distribution centres and further business innovations,…
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25 SeptemberCoronavirus
Thousands of โtraditionalโ retail jobs in danger, says Next boss
Next boss Simon Wolfson warned that thousands of โtraditionalโ retail jobs are now in danger under the chancellorโs new โviabilityโ…
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25 SeptemberClothing & Shoes
Hong Kong’s Lion Rock joins race for Clarks
A Hong Kong-based private equity firm, which backs a number of companies such as Taxi hailing app Hailo and Serie…
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25 SeptemberSupermarkets
Morrisons reveals new delivery measures as restrictions return
Morrisons has revealed a set of new home delivery measures as lockdown restrictions return following the governmentโs announcement earlier this…
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25 SeptemberClothing & Shoes
Independent review โidentifies many failingsโ in Boohoo supply chain
Boohoo has published the results and response to the independent review of its UK supply chain.ย Alison Levitt QC was…
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24 SeptemberCoronavirus
Chancellor unveils new Job Support Scheme
The chancellor has today announced a new Jobs Support Scheme that will see the government โdirectly supportโ the wages of…
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24 SeptemberEconomy
DFS posts full year loss in preliminary results
Sofa retailer DFS has reported losses before tax of ยฃ56.8m, in the groupโs preliminary results for FY20. For the FY…
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24 SeptemberDepartment Stores
Richest man in India interested in Debenhams acquisition
Indiaโs richest man is reportedly one of the parties interested in making a bid to acquire Debenhams, according to Sky…
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